The Retirement Advantage, Inc. (TRA), an independently owned, industry-leading national retirement services company announced today the acquisition of Gillespie & Company of Virginia, a third-party administration firm, headquartered in Danville, VA.
With the completion of the acquisition on May 1, 2019, TRA now provides service to more than 8,500 clients nationwide and has more than $8.5 billion in assets under administration (AUA).
“We are pleased the Gillespie & Company staff are joining TRA and will be able to continue to provide the exceptional guidance and service their clients have grown accustomed to” said TRA President, Matt Schoneman.
“Our organizations are similar in many ways and have an outstanding track record for exceptional customer service,” said Kay Gillespie, Founder and President of Gillespie & Company of Virginia. “We are excited about the possibilities this acquisition offers to the clients of both organizations.”
With a combined national sales force, a robust technical platform built for growth and a customer service team dedicated to helping employees plan and prepare for a rewarding retirement, TRA is poised to continue its core mission to assist business owners and their employees meet and exceed their retirement plan goals.
“Over the past two years, TRA has successfully integrated six TPA’s with our firm,” asserted Schoneman. “Adding Gillespie & Company enhances our already strong position as a leader in the retirement services industry and complements our high-touch, relationship-based service model. We're committed to growing our business. Tapping into Gillespie & Company’s network will allow us to develop new relationships in the region.”
About Gillespie & Company of VA, Inc.
For more than 28 years, Gillespie & Company of Virginia has provided retirement planning, profit sharing and record keeping services with the highest level of quality and service in the design, implementation, and administration of retirement plans. Gillespie & Company of Virginia is headquartered in Danville, VA and offers clients the knowledge and experience gained from personal service and attention of a small business.
About The Retirement Advantage, Inc.
TRA, based in Wisconsin (tra401k.com), is a national retirement services company providing third party administration and fiduciary services to financial advisors, wealth managers and businesses of all sizes. An on-going commitment to providing expert consultation, resources and exceptional customer service has positioned TRA as one of the largest, privately held third party administrators in the nation. We proudly serve more than 8,500 plan sponsors with more than $8 billion in retirement assets under our administration. You can count on us to deliver on time, on budget, and with precise attention to detail.